FAITHWAY GLOBAL MINISTRIES
Working with public and young AdultsCarrying out Religious Activities
Objects
A. TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF FAITH IN THE IMMEDIATE SURROUNDINGS OF COVENTRY AND EXTENDING TO OTHER PARTS OF THE UK AND WORLD WIDE AS FAR AS RESOURCES WILL PERMIT.B. TO RELIEVE POVERTY AND DISTRESS AMONG NEEDY PERSONS AND GROUPS IN SOCIETY AS THE TRUSTEES DEEM FIT AND RESOURCES ALLOW.C. TO ADVANCE EDUCATION AND TRAINING WITH A VIEW TO BUILDING SKILLS AND EMPLOYMENT CAPACITIES AMONG YOUNG PEOPLE. THIS INCLUDES PROVIDING ASSISTANCE TO OR WORKING IN COLLABORATION WITH OTHER ESTABLISHED INSTITUTIONS WITH SIMILAR OBJECTIVES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £28,410 at the end of the period. The trustees have identified specific risks to going concern, citing the increasing cost of living and potential future pandemics as factors that could affect the charity's financial strength and operations.
What the accounts disclose
“The going concern risk facing the church includes 1. The impact of the increasing cost of living, 2. And any further pandemic or tragic issue of long lockdown will affect the financial strength of the church and subsequently on its operation.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Gabriella Anyama Antwi
- NADIA OSEI
- Theophilus Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £119k | £102k |
| 31/03/2024 | £60k | £65k |
| 31/03/2023 | £82k | £77k |
| 31/03/2022 | £49k | £50k |
| 31/03/2021 | £32k | £21k |
Common questions
Is FAITHWAY GLOBAL MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £28,410 at the end of the period. The trustees have identified specific risks to going concern, citing the increasing cost of living and potential future pandemics as factors that could affect the charity's financial strength and operations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 09/12/2024 | £15k | Spark & Thrive Sports Sphere (STSS) |
Charities like this
- GLOBAL CHURCH OF GRACE MINISTRIES
- STONELEIGH BAPTIST CHURCH
- FAITH CHURCH MINISTRIES LIMITED
- WORD OF LIFE MINISTRIES UK LIMITED
- MALAYALAM GOSPEL CHURCH
- SHIELD OF FAITH FAMILY CHRISTIAN CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FAITHWAY GLOBAL MINISTRIES | £119k | — | 0 | unclear | — | noted |
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| STONELEIGH BAPTIST CHURCH | £197k | — | 0 | above | — | no doubt |
| FAITH CHURCH MINISTRIES LIMITED | £462k | — | 0 | unclear | — | no doubt |
| WORD OF LIFE MINISTRIES UK LIMITED | £163k | — | 0 | unclear | — | no doubt |
| MALAYALAM GOSPEL CHURCH | £205k | — | 0 | unclear | — | no doubt |